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Imran

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.

Posts by Imran

Spain Climbs To Third Spot in Most Crypto ATMs in the World

Hackers Target Bitcoin ATMs Using Zero Day Exploit

The corporation has urged ATM operators to update their software immediately. The CAS admin interface should be accessible only from trusted IP addresses. On Thursday, hackers used a zero-day exploit to gain access to the servers of Bitcoin ATM maker General Bytes, changing the default administrators to themselves and resetting

August 22, 2022 2 mins read
Epic Games Agrees To Pay Whopping $525M To Settle FTC Charges

Epic Games Funds New P2E Blockchain-based Racing Game

The producers of Fortnite have granted the team an Epic MegaGrant. The program encourages the development of noteworthy, original works. Epic Games has provided funding to Grease Monkey Games, an Australian indie studio that is a subsidiary of Animoca Brands, so that they may create Torque Drift 2, a blockchain-based

August 21, 2022 2 mins read
SBF bail

Revenue Growth of FTX Surges by Over 1000% To $1.02B in 2021

FTX had $2.5 billion in cash and a 27% profit margin at the end of 2021. According to reports, FTX generated $270 million in Q1 2022. When Bitcoin (BTC) and other cryptocurrencies reached record highs in 2021, FTX was one of the several crypto exchanges that witnessed the entire phase.

August 21, 2022 1 min read
FTX CEO ‘SBF’ Clarifies Self-proposed Regulatory Standards

FTX CEO Sam Bankman-Fried Backs US Crypto Derivatives

First launched in 2019 as a derivatives exchange, FTX has since branched out. The cryptocurrency exchange completed the purchase of Ledger Holding in 2021. FTX CEO Sam Bankman-Fried insists that his focus remains on LedgerX (now rebranded as FTX US Derivatives). In October 2021, the cryptocurrency exchange completed the purchase

August 20, 2022 1 min read
FTX Freezes Privacy Platform ‘Aztec Networks’ Accounts

FTX Freezes Privacy Platform ‘Aztec Networks’ Accounts

Aztec claims it has made improvements to discourage money laundering. This caution follows the United States government’s contentious decision. On Friday, Aztec Network, an Ethereum-based privacy-enhancing smart contract platform, responded on Twitter to user concerns that FTX, one of the world’s biggest cryptocurrency exchanges, is “freezing” the accounts of users

August 20, 2022 2 mins read
Yupana.Finance: Tezos’s First Lending Protocol Released by Madfish

Yupana.Finance: Tezos’s First Lending Protocol Released by Madfish

The open-source, decentralized, non-custodial lending protocol Yupana.Finance just made the long-awaited announcement that it is bringing the advantages of a credit protocol to the Tezos community. Similar to other DeFi ecosystems, Tezos users may now borrow, lend, and get rewards. Tezos’s First Comprehensive Lending Protocol Yupana is already deployed on

August 18, 2022 1 min read
Credit Suisse and Deutsche Bank Face Extreme Downturn

Investor Michael Burry Sells Off Almost Entire Stock Holdings

Scion bought an additional 501,360 shares of Geo Group Inc. The firm had as much as $165 million in U.S. equities. Scion Asset Management, Michael Burry’s investment business, said in a filing with the U.S. Securities and Exchange Commission (SEC) on Monday that it sold all of its stock holdings

August 18, 2022 2 mins read
Coinbase Exchange Reportedly Sued in the State of Georgia

Coinbase Exchange Reportedly Sued in the State of Georgia

Pomerantz LLP has also filed suit against the exchange. Coinbase is accused of making false and misleading statements. Coinbase is been sued many times and is under growing scrutiny from authorities. Two law firms filed lawsuits against the cryptocurrency exchange in San Francisco, which is already under investigation by the

August 17, 2022 2 mins read
Brazil Witnesses Introduction of New Crypto Trading Platforms

Brazil Witnesses Introduction of New Crypto Trading Platforms

In September of last year, Mynt’s release was announced. Key Brazilian broker XP has also shifted its focus to the cryptocurrency market. Bitcoin (BTC) and other cryptocurrencies have been widely adopted by people throughout the globe, and Brazil has become a major hub for the sector. Many smaller banks were

August 16, 2022 2 mins read
Popular Analyst Ranks Ethereum Merge Above Bitcoin Halving

Popular Analyst Ranks Ethereum Merge Above Bitcoin Halving

Goerli completed a Merge rehearsal after three other public testnets. The mining of blocks for Ether tokens will shift from the proof-of-work. Since the third and final ‘Goerli’ test environment network merge has been completed, the Ethereum blockchains long-awaited switch to proof-of-stake may now be expected to take place around

August 15, 2022 2 mins read
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